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Data Sutram completes $9 million Series A financing, focusing on AI fraud detection services.
According to Gate News bot, Techinasia reports that Indian fintech startup Data Sutram has raised $9 million in Series A funding. This round of financing was co-led by B Capital and Lightspeed Ventures.
Data Sutram specializes in fraud detection and risk scoring services based on AI technology, with a client base that includes banks, cryptocurrency platforms, and high-risk industries such as e-commerce. The company plans to use the funding to expand its team, upgrade its products, and expand its operations in the Middle East and Southeast Asia.
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